Analysts Conflictied on These Services Names: W.W. Grainger (NYSE: GWW) and Jack In The Box (NASDAQ: JACK)

By Ryan Adsit

Analysts have been eager to weigh in on the Services sector with new ratings on W.W. Grainger (NYSE: GWW) and Jack In The Box (NASDAQ: JACK).

W.W. Grainger (NYSE: GWW)

In a report released today, Christopher Glynn from Oppenheimer assigned a Hold rating to W.W. Grainger (NYSE: GWW). The company’s shares opened today at $223.59.

According to TipRanks.com, Glynn is a top 25 analyst with an average return of 15.7% and a 74.5% success rate. Glynn covers the Industrial Goods sector, focusing on stocks such as Emerson Electric Company, Rockwell Automation Inc, and Mueller Water Products.

Currently, the analyst consensus on W.W. Grainger is Hold and the average price target is $226.50, representing a 1.3% upside.

In a report issued on November 15, Credit Suisse also maintained a Hold rating on the stock with a $202 price target.
Jack In The Box (NASDAQ: JACK)

Oppenheimer analyst Brian Bittner assigned a Buy rating to Jack In The Box (NASDAQ: JACK) today and set a price target of $115. The company’s shares opened today at $104.95, close to its 52-week high of $109.40.

According to TipRanks.com, Bittner is a top 100 analyst with an average return of 14.1% and a 71.2% success rate. Bittner covers the Services sector, focusing on stocks such as Restaurant Brands International, Buffalo Wild Wings, and Cheesecake Factory.

Currently, the analyst consensus on Jack In The Box is Moderate Buy and the average price target is $111.29, representing a 6.0% upside.

In a report issued on November 23, Robert W. Baird also reiterated a Buy rating on the stock with a $125 price target.